Calculate the true cost of meetings
385,00 €
60 minute meeting
0,00 €
0:00 elapsed
6,42 €
5 people
In the same time, 5 people could:
31 Hours
the average manager spends per month in meetings
50%
of all meeting time is rated as unproductive
$37B
is lost annually in the US due to unnecessary meetings
Understanding the true cost of meetings helps organizations make better decisions about when meetings are necessary, who should attend, and how long they should last.
The cost is calculated by multiplying the number of participants by their hourly rate and the meeting duration. This represents the direct labor cost of the meeting.
A 1-hour meeting with 5 people at €50/hour costs €250. Many organizations find that 30-50% of meetings could be emails or shorter stand-ups.
The calculator shows direct labor costs. The true opportunity cost (what else could be accomplished) is often 2-3x higher when considering context switching and preparation time.
Consider: fewer attendees, shorter durations, clear agendas, async alternatives (Loom, Slack), and 'no meeting' days. Every unnecessary meeting costs real money.
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